The Amount That an Additional Unit of a Factor Adds

question 116

Multiple Choice

The amount that an additional unit of a factor adds to a firm's total revenue is called the:

• A)marginal revenue.
• B)marginal cost.
• C)additional revenue product.
• D)value of the marginal product.

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Definitions:

Emil Kraepelin

A German psychiatrist who made significant contributions to the classification of mental disorders and is considered a founding figure of modern psychiatry.

Diagnostic and Statistical Manual

A publication by the American Psychiatric Association that provides a common language and standard criteria for the classification of mental disorders.

Psychological Disorders

Mental disorders characterized by patterns of behavior or thinking that cause significant distress or impairment in social, occupational, or other important areas of functioning.

Test-Retest Reliability

The consistency of a psychological test or assessment when administered on two separate occasions to the same group of individuals.